SEOUL - South Korea observed a decrease in bond yields across various tenors today, as compared to the previous trading session.
According to a new release by Yonhap News Agency, the yields on 1-year Treasury Bills (TB) dropped by 2.3 basis points to 3.738%, from 3.761% in the previous session. The 2-year TB yields declined by 3.1 basis points to 3.927% from 3.958%. In a similar trend, 3-year TB yields fell by 5.1 basis points to 4.004%, down from 4.055%. The 10-year TB yields also witnessed a significant drop of 10.5 basis points, settling at 4.269% compared to 4.374% in the previous session.
Other financial instruments experienced similar changes. The 2-year Monetary Stabilization Bonds (MSB) yields declined by 3.1 basis points to 3.930% from 3.961%. The 3-year Corporate Bonds rated AA- (CB) fell by 5.1 basis points to 4.810%, down from 4.861%.
In contrast, the 91-day Certificate of Deposit (CD) yields remained unchanged, standing at 3.820% identical to the previous trading session.